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$CBS' net cash provided by operating activities for 1Q16 grew to $1.03Bil from $417MM in the previous year quarter, and net cash used in financing activities rose to $842MM from $516MM last year. Net cash used in investing activities was $98MM compared to cash provided by investing activities of $2MM a year ago.
$MCD stock rose more than 2% after it posted better than expected 3Q16 results, driven by global same-store sales growth. Meanwhile, earnings and revenue were lower than last year, hurt by refranchising efforts.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.